Generation Compensation in offtake constraints due to Grid Unavailability. During the operation of the Project, there can be some periods where the Project can generate power but due to temporary transmission unavailability the power is not evacuated, for reasons not attributable to the SPD. In such cases the generation compensation shall be addressed in following manner: Grid unavailability in a contract year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The excess generation by the SPD equal to this generation loss shall be procured by the Buying Utility at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years.
Appears in 1 contract
Sources: Power Sale Agreement
Generation Compensation in offtake constraints due to Grid Unavailability. During the operation of the Project, there can be some periods where the Project can generate power but due to temporary transmission unavailability the power is not evacuated, for reasons not attributable to the SPDWPD. In such cases the generation compensation shall be addressed in following manner: Grid unavailability in a contract year as beyond 50 hours in a Contract Year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total 8766 hours less total hours of generation grid unavailability in the a Contract Year. The excess generation by the SPD WPD equal to this generation loss shall be procured by the Buying Utility Entity at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years. (Contract Year, shall be as defined in the PPA.)
Appears in 1 contract
Sources: Power Sale Agreement
Generation Compensation in offtake constraints due to Grid Unavailability. During the operation of the Project, there can be some periods where the Project can generate power but due to temporary transmission unavailability the power is not evacuated, for reasons not attributable to the SPDHPD. In such cases the generation compensation shall be addressed in following manner: Grid unavailability in a contract year as beyond defined in the PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total 8766 hours less total hours of generation grid unavailability in the a Contract Year. The excess generation by the SPD HPD equal to this generation loss shall be procured by the Buying Utility Entity at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years. (Contract Year, shall be as defined in the PPA.)
Appears in 1 contract
Sources: Power Sale Agreement